Raiffeisen Bank (Austria) Statistic Functions Pearson Correlation Coefficient

RBI Stock  EUR 18.08  0.08  0.44%   
Raiffeisen Bank statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Raiffeisen Bank. Raiffeisen Bank value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Raiffeisen Bank statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Raiffeisen Bank Inte and its benchmark or peer.

Raiffeisen Bank Technical Analysis Modules

Most technical analysis of Raiffeisen Bank help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Raiffeisen from various momentum indicators to cycle indicators. When you analyze Raiffeisen charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Raiffeisen Bank Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Raiffeisen Bank International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Raiffeisen Bank International based on widely used predictive technical indicators. In general, we focus on analyzing Raiffeisen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Raiffeisen Bank's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Raiffeisen Bank's intrinsic value. In addition to deriving basic predictive indicators for Raiffeisen Bank, we also check how macroeconomic factors affect Raiffeisen Bank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
16.0218.0820.14
Details
Intrinsic
Valuation
LowRealHigh
15.7917.8519.91
Details
Naive
Forecast
LowNextHigh
15.9918.0420.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.8718.0019.13
Details

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Other Information on Investing in Raiffeisen Stock

Raiffeisen Bank financial ratios help investors to determine whether Raiffeisen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Raiffeisen with respect to the benefits of owning Raiffeisen Bank security.